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Foreign direct investment

24 Aug 2022

Entities Can Make Overseas Investment Beyond Prescribed Limit: FM

Indian corporate entities can make overseas investments. The earlier regime didn't permit Overseas Direct Investment by a non-financial sector. Govt. issued two gazette notifications in which ODI & OPI have been demarcated.

State Bank of Travancore

18 Feb 2017

Ahead of merger with SBI,associate State Bank of Travancore to raise up to Rs 600 crore

Ahead of its proposed merger with parent SBI, State Bank of Travancore (SBT) will raise up to Rs 600 crore to shore up additional tier-I capital by issuing Basel compliant bonds on private placement.

14 Nov 2016

Bank branches in these states likely to remain open for transaction today

With Monday being holiday on account of Guru Nanak Jayanti, most of the banks will remain closed for transactions. As a result, the refilling of ATMs is also likely to be affected.

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